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HDSN vs. STLD
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

HDSN vs. STLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hudson Technologies, Inc. (HDSN) and Steel Dynamics, Inc. (STLD). The values are adjusted to include any dividend payments, if applicable.

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HDSN vs. STLD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
HDSN
Hudson Technologies, Inc.
-14.16%22.76%-58.64%33.30%127.93%307.34%11.51%9.83%-85.34%-24.22%
STLD
Steel Dynamics, Inc.
6.55%50.70%-1.99%22.75%60.14%71.42%12.46%16.78%-29.02%23.34%

Fundamentals

Market Cap

HDSN:

$252.91M

STLD:

$26.32B

EPS

HDSN:

$0.37

STLD:

$8.03

PE Ratio

HDSN:

15.69

STLD:

22.43

PS Ratio

HDSN:

1.06

STLD:

1.46

PB Ratio

HDSN:

1.04

STLD:

2.94

Total Revenue (TTM)

HDSN:

$246.61M

STLD:

$18.18B

Gross Profit (TTM)

HDSN:

$62.10M

STLD:

$2.38B

EBITDA (TTM)

HDSN:

$25.54M

STLD:

$2.11B

Returns By Period

In the year-to-date period, HDSN achieves a -14.16% return, which is significantly lower than STLD's 6.55% return. Over the past 10 years, HDSN has underperformed STLD with an annualized return of 6.21%, while STLD has yielded a comparatively higher 25.35% annualized return.


HDSN

1D
2.80%
1M
-17.30%
YTD
-14.16%
6M
-40.79%
1Y
-4.70%
3Y*
-12.34%
5Y*
28.78%
10Y*
6.21%

STLD

1D
5.11%
1M
-6.51%
YTD
6.55%
6M
29.88%
1Y
45.86%
3Y*
18.48%
5Y*
30.71%
10Y*
25.35%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

HDSN vs. STLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HDSN
HDSN Risk / Return Rank: 3737
Overall Rank
HDSN Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
HDSN Sortino Ratio Rank: 3535
Sortino Ratio Rank
HDSN Omega Ratio Rank: 3636
Omega Ratio Rank
HDSN Calmar Ratio Rank: 3838
Calmar Ratio Rank
HDSN Martin Ratio Rank: 3838
Martin Ratio Rank

STLD
STLD Risk / Return Rank: 7979
Overall Rank
STLD Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
STLD Sortino Ratio Rank: 7777
Sortino Ratio Rank
STLD Omega Ratio Rank: 7373
Omega Ratio Rank
STLD Calmar Ratio Rank: 8181
Calmar Ratio Rank
STLD Martin Ratio Rank: 8585
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HDSN vs. STLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hudson Technologies, Inc. (HDSN) and Steel Dynamics, Inc. (STLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


HDSNSTLDDifference

Sharpe ratio

Return per unit of total volatility

-0.10

1.23

-1.32

Sortino ratio

Return per unit of downside risk

0.22

1.90

-1.69

Omega ratio

Gain probability vs. loss probability

1.03

1.23

-0.20

Calmar ratio

Return relative to maximum drawdown

-0.11

2.35

-2.46

Martin ratio

Return relative to average drawdown

-0.22

7.63

-7.85

HDSN vs. STLD - Sharpe Ratio Comparison

The current HDSN Sharpe Ratio is -0.10, which is lower than the STLD Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of HDSN and STLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HDSNSTLDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.10

1.23

-1.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.49

0.81

-0.32

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.08

0.65

-0.57

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.00

0.32

-0.32

Correlation

The correlation between HDSN and STLD is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

HDSN vs. STLD - Dividend Comparison

HDSN has not paid dividends to shareholders, while STLD's dividend yield for the trailing twelve months is around 1.13%.


TTM20252024202320222021202020192018201720162015
HDSN
Hudson Technologies, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
STLD
Steel Dynamics, Inc.
1.13%1.18%1.61%1.44%1.39%1.68%2.71%2.82%2.50%1.44%1.57%3.08%

Drawdowns

HDSN vs. STLD - Drawdown Comparison

The maximum HDSN drawdown since its inception was -98.81%, which is greater than STLD's maximum drawdown of -87.05%. Use the drawdown chart below to compare losses from any high point for HDSN and STLD.


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Drawdown Indicators


HDSNSTLDDifference

Max Drawdown

Largest peak-to-trough decline

-98.81%

-87.05%

-11.76%

Max Drawdown (1Y)

Largest decline over 1 year

-45.21%

-20.33%

-24.88%

Max Drawdown (5Y)

Largest decline over 5 years

-64.91%

-32.20%

-32.71%

Max Drawdown (10Y)

Largest decline over 10 years

-96.72%

-68.46%

-28.26%

Current Drawdown

Current decline from peak

-77.50%

-12.26%

-65.24%

Average Drawdown

Average peak-to-trough decline

-83.39%

-33.48%

-49.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

22.07%

6.26%

+15.81%

Volatility

HDSN vs. STLD - Volatility Comparison

Hudson Technologies, Inc. (HDSN) has a higher volatility of 15.80% compared to Steel Dynamics, Inc. (STLD) at 11.06%. This indicates that HDSN's price experiences larger fluctuations and is considered to be riskier than STLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HDSNSTLDDifference

Volatility (1M)

Calculated over the trailing 1-month period

15.80%

11.06%

+4.74%

Volatility (6M)

Calculated over the trailing 6-month period

36.96%

24.29%

+12.67%

Volatility (1Y)

Calculated over the trailing 1-year period

49.25%

37.62%

+11.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

58.80%

38.01%

+20.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

78.40%

39.19%

+39.21%

Financials

HDSN vs. STLD - Financials Comparison

This section allows you to compare key financial metrics between Hudson Technologies, Inc. and Steel Dynamics, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.001.00B2.00B3.00B4.00B5.00B6.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
44.41M
4.41B
(HDSN) Total Revenue
(STLD) Total Revenue
Values in USD except per share items

HDSN vs. STLD - Profitability Comparison

The chart below illustrates the profitability comparison between Hudson Technologies, Inc. and Steel Dynamics, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

10.0%20.0%30.0%40.0%50.0%60.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
8.0%
11.8%
Portfolio components
HDSN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Hudson Technologies, Inc. reported a gross profit of 3.54M and revenue of 44.41M. Therefore, the gross margin over that period was 8.0%.

STLD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Steel Dynamics, Inc. reported a gross profit of 522.07M and revenue of 4.41B. Therefore, the gross margin over that period was 11.8%.

HDSN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Hudson Technologies, Inc. reported an operating income of -11.21M and revenue of 44.41M, resulting in an operating margin of -25.2%.

STLD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Steel Dynamics, Inc. reported an operating income of 310.23M and revenue of 4.41B, resulting in an operating margin of 7.0%.

HDSN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Hudson Technologies, Inc. reported a net income of -8.63M and revenue of 44.41M, resulting in a net margin of -19.4%.

STLD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Steel Dynamics, Inc. reported a net income of 266.03M and revenue of 4.41B, resulting in a net margin of 6.0%.